$730,000
$775,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
N 362 Main ST Willits, CA 95490
7,684 Sqft Lot
Key Details
Sold Price $730,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 324031706
Sold Date 01/02/25
HOA Y/N No
Year Built 1940
Lot Size 7,684 Sqft
Acres 0.1764
Property Sub-Type 5 or More Units
Property Description
Amazing Opportunity! Renovated 8-unit apartment complex in Willits presents an exceptional investment opportunity. Spanning two lots, the property features eight 1-bedroom, 1-bathroom units, with four units situated in a two-story configuration. The upgrades include a replaced foundation, new staircases and decks, as well as plumbing, and electrical systems. Additionally, the property boasts new drywall, insulation, kitchens, bathrooms, flooring, heating systems, windows, doors, and siding, ensuring a turnkey investment. With a great capitalization rate, this multifamily asset is poised to deliver consistent returns for discerning investors seeking to expand their real estate portfolio in the growing Willits market.
Location
State CA
County Mendocino
Area Willits
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate
Appliance Other
Laundry Common Area
Exterior
Utilities Available City, Electricity Connected
Waterfront Description Meter on Site,Public
View City, Mountain(s)
Roof Type Composition
Total Parking Spaces 10
Private Pool No
Building
Lot Description Private, Irregular Lot
Story 2
Sewer Sewer in Street
Water Meter on Site, Public
Others
Tax ID 0050200800
Financing Conventional
Special Listing Condition Standard
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